SOL Capital Management CO Purchases 14,946 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

SOL Capital Management CO increased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 223,180 shares of the company’s stock after buying an additional 14,946 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 1.3% of SOL Capital Management CO’s portfolio, making the stock its 21st largest position. SOL Capital Management CO’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,242,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Eastern Bank boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after purchasing an additional 250 shares in the last quarter. Kennebec Savings Bank bought a new stake in JPMorgan Ultra-Short Income ETF in the third quarter worth $27,000. Sound Income Strategies LLC boosted its position in JPMorgan Ultra-Short Income ETF by 82.2% during the fourth quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock valued at $38,000 after buying an additional 338 shares during the period. Sugar Maple Asset Management LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $50,000. Finally, Whittier Trust Co. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 29.5% in the third quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock worth $66,000 after buying an additional 295 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.59 on Friday. The business has a 50-day moving average of $50.48 and a 200 day moving average of $50.52. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75.

JPMorgan Ultra-Short Income ETF Profile

The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase.